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16 Victoria Street, Alfreton, DE55 2BX - Image 1
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16 Victoria Street, Alfreton, DE55 2BX

East Midlands

£50,000
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Semi Detached

Description

Offered through an online auction platform, this freehold two-bedroom semi-detached home presents a valuable opportunity for renovation enthusiasts or investors. Located in a residential neighborhood of Alfreton, the property features two reception rooms, a kitchen, two bedrooms, and a bathroom. While currently unoccupied and in need of significant updating, it is surrounded by well-maintained homes, suggesting strong potential for value enhancement. The back garden and available on-road parking add to its appeal for future occupants or tenants. Alfreton itself boasts excellent transport links and a blend of local amenities, parks, and countryside access providing both urban conveniences and natural spaces nearby.

Investment Analysis

(DE55 area)
Area Average
£227/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (DE55)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +3.7%
5 year growth: +23.0%
Investment Disclaimer: Analysis based on DE55 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

16 Victoria Street, Alfreton, DE55 2BX
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£180
Based on a loan of £37,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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